Nominal Final Consumption Expenditure for Canada
Quarterly, Seasonally Adjusted
NCSAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
613,998.00
Year-over-Year Change
18.46%
Date Range
1/1/1961 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the level of personal consumption expenditures (PCE) in the United States. This key economic indicator is closely watched by policymakers and analysts to gauge consumer spending and overall economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly, Seasonally Adjusted series tracks the dollar value of PCE, which includes consumer spending on durable goods, nondurable goods, and services. It is a comprehensive measure of household consumption and an important component of GDP.
Methodology
The data is collected and seasonally adjusted by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
This trend is widely used to assess the strength of consumer demand and make projections about future economic growth.
Key Facts
- PCE accounts for over two-thirds of U.S. GDP.
- Consumer spending is a major driver of economic growth.
- The data is released quarterly by the BEA.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the dollar value of personal consumption expenditures (PCE) in the United States.
Q: Why is this trend relevant for users or analysts?
A: PCE is a comprehensive measure of household consumption and a key component of GDP, making this trend highly relevant for understanding the strength of consumer demand and projecting future economic growth.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market analysts to assess the state of consumer spending and make informed decisions about economic policy and investment strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the BEA, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NCSAXDCCAQ), retrieved from FRED.